Europa Securities LLC's Business Continuity Planning
Europa Securities LLC has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business and disruptions in securities markets. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in the planning and responding to actual events as they occur. With that in mind, we are providing information as to our business continuity plan.
Contacting Us
If after a significant business disruption you cannot contact us as you usually do at (303) 991-5876 or by fax at (303) 991-5748, you should call our alternative number (561) 309-5621 or (954) 258-5341 or alternate fax at (702) 647-3228 or (321) 244-0282, all of which are our firm's emergency numbers. Also you can email the Chairman of Europa at joe@europasecurities.com, the CEO at john@europasecurities.com or the CFO at al.reeves@europasecurities.com. Europa does not have retail customers, does not have a clearing firm and does hold any funds or securities for any clients.
Our Business Continuity Plan
Since the Firm does not have retail accounts and holds no funds or securities for any clients, the firm can carry on any of its business services and negotiations with its clients with access to any computer and/or telephone in any area not disrupted. Europa’s business is not contingent on the execution of any transaction in any market or on any exchange that may be disrupted. The Firm maintains all necessary corporate records in its main office in Colorado with duplicate records necessary to carry on its business in Nevada and Florida We, therefore, can carry on the firm’s business, regardless of where a business disruption may occur other than the complete annihilation of the U.S. Our Associated Persons provide our investment services by telephone and direct in person visits with clients. Should any one Associated Person become incapacitated, another Associated Person would be assigned to provide any needed service required by a client. Should it be required, we would quickly re-locate and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making any needed financial and operational assessment, protecting the firm's books and records, and be available for any of our client’s needs. In short, our business continuity plan is designed to permit our firm to continue its business and operations with minimal disruption, given the scope and severity of any disruption.
Our business continuity plan addresses: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact, and regulatory reporting.
Europa backs up its important records in a geographically separate area in Nevada and Florida and also has its regulatory and financial records stored at FINRA’s Central Registration Depository located in Maryland. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we expect in the worst of circumstances to have business back to normal within 24 to 48 hours.
Varying Disruptions
Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to Nevada or Florida as needed and expect to resume business within 4 hours. We expect to be able to continue our business affairs without any disruption to our services provided to clients. Clients may call or email us with any questions or concerns regarding the services we are providing.
For more information
If you have questions about our business continuity planning, you can contact John Calabria, CEO, direct at (561) 309-5621 or Alfred Reeves, CFO, direct at (954) 258-5341.
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